{"id":631549,"date":"2018-03-21T04:17:56","date_gmt":"2018-03-21T04:17:56","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/21\/sme-taxation-framework-could-codify-lower-interest-rates-for-smes\/"},"modified":"2018-03-21T04:17:56","modified_gmt":"2018-03-21T04:17:56","slug":"sme-taxation-framework-could-codify-lower-interest-rates-for-smes","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/21\/sme-taxation-framework-could-codify-lower-interest-rates-for-smes\/","title":{"rendered":"SME taxation framework could codify lower interest rates for SMEs"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>SME taxation framework could codify lower interest rates for SMEs:<\/strong> And speaking of taxes, the SME taxation framework currently being worked on by the Finance Ministry could codify lower interest rates on SME loans, SME Development Authority Chairperson Niveen Gamea said, <a href=\"http:\/\/www.almalnews.com\/Story\/369714\/14\/%D8%AA%D8%AE%D8%B5%D9%8A%D8%B5-%D8%A8%D8%A7%D8%A8-%D9%84%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF-%D8%BA%D9%8A%D8%B1-%D8%A7%D9%84%D8%B1%D8%B3%D9%85%D9%89-%D8%A8%D9%85%D8%B4%D8%B1%D9%88%D8%B9-%D9%82%D8%A7%D9%86%D9%88%D9%86-%D8%A7%D9%84%D9%85%D8%B4%D8%B1%D9%88%D8%B9\">according to Al Mal<\/a>. <strong>How that would work in practice, when interest rates are set by banks regulated by the Central Bank of Egypt, is very much an open question. <\/strong>The move is being presented as part of a series of incentives for SMEs to join the formal economy. <a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/01\/smart-policy-finance-ministry-could-grant-full-tax-exemptions-to-smes-under-certain-conditions\/\">Earlier this month<\/a>, now-former Vice Minister of Finance Amr El Monayer suggested that the ministry would be willing to grant SMEs of a certain size partial or full tax exemptions or holidays if they meet certain conditions criteria. These could include pegging the tax breaks to how far the business has come towards registration and entering the tax system.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SME taxation framework could codify lower interest rates for SMEs: And speaking of taxes, the SME taxation framework currently being worked on by the Finance Ministry could codify lower interest rates on SME loans, SME Development Authority Chairperson Niveen Gamea said, according to Al Mal. How that would work in practice, when interest rates are [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-631549","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"83a689cf-a429-403f-a266-49ce60441c65","order":"0","is_powered_by":true,"section_story_id":"aeea8c4a-0fd4-45dc-b8d4-9fa7752b182f","story_type":"1","photo_url":"","photo_position":"above","related_issue":[631537],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>SME taxation framework could codify lower interest rates for SMEs - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/21\/sme-taxation-framework-could-codify-lower-interest-rates-for-smes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SME taxation framework could codify lower interest rates for SMEs\" \/>\n<meta property=\"og:description\" content=\"SME taxation framework could codify lower interest rates for SMEs: And speaking of taxes, the SME taxation framework currently being worked on by the Finance Ministry could codify lower interest rates on SME loans, SME Development Authority Chairperson Niveen Gamea said, according to Al Mal. How that would work in practice, when interest rates are [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/21\/sme-taxation-framework-could-codify-lower-interest-rates-for-smes\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-03-21T04:17:56+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/21\/sme-taxation-framework-could-codify-lower-interest-rates-for-smes\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/21\/sme-taxation-framework-could-codify-lower-interest-rates-for-smes\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"SME taxation framework could codify lower interest rates for SMEs\",\"datePublished\":\"2018-03-21T04:17:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/21\/sme-taxation-framework-could-codify-lower-interest-rates-for-smes\/\"},\"wordCount\":159,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/21\/sme-taxation-framework-could-codify-lower-interest-rates-for-smes\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/21\/sme-taxation-framework-could-codify-lower-interest-rates-for-smes\/\",\"name\":\"SME taxation framework could codify lower interest rates for SMEs - 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Beltone\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594645,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/03\/fra-to-issue-licenses-for-sme-credit-rating-agencies\/","url_meta":{"origin":631549,"position":3},"title":"FRA to issue licenses for SME credit rating agencies","author":"enterpriseam admin","date":"3 September 2019","format":false,"excerpt":"REGULATION WATCH- Market regulator paves the way for SME bond sales: SMEs will soon be able to issue short- and medium-term bonds after the Financial Regulatory Authority (FRA) gave the go-ahead to SME credit rating agencies to obtain licenses, the regulator said in a statement (pdf). 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